47, GOODE CLOSE, OLDBURY, B68 9NT - £172,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

47 GOODE CLOSE is a very small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £172,000 in April 2017, which was around 22% below the average April 2017 detached price in the Sandwell local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

47 GOODE CLOSE Sold Prices

Land registry data shows four sales for 47 GOODE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the four 47 GOODE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 28 APR	£172,000	£219,331	22% below HPI
2006 13 FEB	£175,000	£181,161	3% below HPI
2000 9 NOV	£75,000	£85,506	12% below HPI
1998 13 MAR	£65,000	£72,604	10% below HPI

47 GOODE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The four 47 GOODE CLOSE sales between March 1998 and April 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 47 GOODE CLOSE?

47 GOODE CLOSE is 71m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 20% of detached houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses by size in Oldbury, and where 47 GOODE CLOSE lies on this distribution: 10% of detached houses are smaller than 47 GOODE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Oldbury.

47 GOODE CLOSE: Plot and Title Map

47 GOODE CLOSE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 47 GOODE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 47 GOODE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 47 GOODE CLOSE?

47 GOODE CLOSE is located in OLDBURY, in the B68 postcode district. The below map shows the position of No. 47 on GOODE CLOSE.